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Supply Chain Fundamentals: Inventory Management

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Duration
350 USD/full
350 USD/full
Unknown
Tuition fee
Unknown
Apply date
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Start date

About

This Supply Chain Fundamentals: Inventory Management course from Georgia Institute of Technology (Georgia Tech) covers the basics of inventory control and management operations and the role of inventory management within an organization’s overall supply chain.

Overview

The Supply Chain Fundamentals: Inventory Management course from Georgia Institute of Technology (Georgia Tech) will teach you the key elements of inventory control and management, including inventory cost components, types and uses of inventory, planning inventory levels, maintaining inventory accuracy, and metrics and roles associated with inventory management.

Who Should Attend

  • Sourcing Analysts, Supervisors, Managers, Clerks, Representatives, Agents, Leads, and Specialists
  • Procurement Analysts, Supervisors, Managers, Agents, Clerks, Leads, Representatives, and Specialists
  • Contract Development Specialists, Agents, Clerks, Leads, Representatives, and Supervisors
  • Buyers, Senior Buyers
  • Buyer/Planners
  • Purchasing Analysts, Representatives, Supervisors, Managers, Agents, Clerks, Leads, and Specialists
  • Supply Chain and Logistics Managers, Analysts, Consultants, Supervisors, Technologists, Planners and Engineers
  • Business and Systems Analysts
  • Supply Chain Education and Human Resource Management personnel
  • Inventory Planners
  • Order Management Supervisors, Managers, Analysts
  • Demand Planners, Supply Planners, Forecast Analysts, Forecasting Managers
  • Inventory Managers, Inventory Clerks, Inventory Analysts
  • Transportation Planners, Transportation Clerks, Transportation Analysts, Transportation Managers

How You Will Benefit

  • Discuss the main reasons for carrying inventory
  • Describe the main approaches to managing inventory
  • Explain the key roles and responsibilities for managing inventory at distribution centers (DCs)
  • Discuss the way inventory management functions with other processes in a company
  • Describe inventory replenishment and its relationship to customer service levels
  • Discuss the main ways to categorize and to manage inventory
  • Describe the tools and techniques used for inventory control
  • Discuss key concepts of inventory storage and deployment
  • Explain methods used to measure inventory accuracy and stock keeping
  • Understand how inventory management works with other functional groups in a company
  • Describe the link between inventory management and forecasting
  • Discuss uncertainty in the inventory process and how to address it
  • Understand how better visibility of inventory and demand can reduce total inventory
  • Discuss key measures of inventory performance
  • Explain the costs related to inventory

Programme Structure

Content

  • Inventory Management
  • Monitoring and Analyzing Inventory Management
  • Inventory Control
  • Inventory Management and Forecasting
  • Managing Inventory in the Supply Chain
  • Inventory Performance Measurement & Financial Implications

Key information

Start dates & application deadlines

Language

English

Delivered

Online
  • Semi-structured
  • No Attendance
  • Continuous support with feedback on request
  • Individual work/assignments (with online group discussions), Online group works/assignments

Academic requirements

We are not aware of any academic requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

  • Additional medical costs (i.e. dental)
  • Repatriation, if something happens to you or your family
  • Liability
  • Home contents and baggage
  • Accidents
  • Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Start from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Georgia Institute of Technology and/or in United States, please visit Student Insurance Portal.

Other requirements

General requirements

Important Information

  • Access to the content for this course requires you to set up a password for your Georgia Tech (GT) account different from your account and password on this website.  
  • After you complete your registration follow the "How to Access Your Course Content" instructions which display on the session details (summary) page for this course.
  • This is a self-paced online course.  You may register anytime while registration is open and will have access to the course through the published "Access Ends" date.
Materials Required
  • Computer with speakers to access online content
Provided
  • Access to online course content and optional reading materials until the course end date

Tuition Fee

To alway see correct tuition fees
  • International

    350 USD/full
    Tuition Fee
    Based on the tuition of 350 USD for the full programme
  • National

    350 USD/full
    Tuition Fee
    Based on the tuition of 350 USD for the full programme

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Supply Chain Fundamentals: Inventory Management
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Georgia Institute of Technology

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